Business, Companies, Energy, Infrastructure

UMEME mulls USD5 million Marshall plan for Kiwatule-Najjera cluster

April 27

Uganda’s national power distributor Umeme is planning a massive infrastructure upgrade to address the frequent outages  […]

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Business, Companies, Energy, Hydrocarbons

Its Adios East Africa as curtain closes on Tullow in Uganda

April 23

Anglo-Irish explorer Tullow Oil has relinquished its Ugandan interests to French major Total in what could […]

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Business, Companies, Technology & Telecoms

Kiira Motors, Makerere University begin tests of home grown medical ventilator

April 11

Efforts by Ugandan engineers to put a homegrown medical ventilator to market reached a major milestone […]

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Companies, Finance

Lato Milk donates UGX 345 million to fight Covid-19 in Uganda

April 10

Pearl Dairy Farm Limited, the producers of Lato Milk, has donated UGX 345 million to the […]

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Business, Companies, Financial Services

A friend in need? Stanbic extends loan relief to Covid-19 stressed borrowers

April 9

Ugandan lender Stanbic has revealed a range of packages to lessen the burden on borrowers whose […]

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Business, Finance, Financial Services, Markets, Policy

Bank of Uganda walks the high-wire amidst Covid-19 disruptions

April 8

Uganda’s central banker has moved to lower the cost of capital with an eye on the […]

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Business, Companies, Transport

Ethiopian Airlines denies layoffs amid $550m loss

April 8

Ethiopian Airlines, Africa’s biggest and most profitable carrier, has denied laying off all of its workers […]

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Business, Companies, Finance

Stanbic donates UGX 100m to help battle Covid-19 in Uganda

April 7

Stanbic Bank Uganda has joined a cross section of the private sector in contributing towards the […]

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Business, Companies, Finance, Financial Services

Fitch downgrades Stanbic Bank Kenya after parent losses

April 7

Fitch Ratings has downgraded Stanbic Bank Kenya (SBK) after its Johannesburg-based parent, Standard Bank Group (SBG), […]

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Business, Foreign News, Policy

IMF boss says global economy coming to standstill

April 4

Participating on Friday by teleconference during a World Health Organisation briefing, Kristalina Georgieva, the International Monetary […]

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